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zalisa [80]
3 years ago
9

Inflation is a decrease in the average price level in the economy.

Business
1 answer:
Rama09 [41]3 years ago
7 0
This is false. When inflation happens, prices go up in the economy.
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The budget for the City of Goodville for the year ending December 31 was adopted and recorded on January 2 of the same year. Aft
scoray [572]

Answer:

See below

Explanation:

A budgetary fund is an income account and thus a debit balance suggests a deficit on the fund account. This means that governing bodies of City of Goodville have spent more money in their expenditures than they have brought in as income from the fund. This will be recorded as a liability in the balance sheet. Where as a credit balance would be a surplus and recorded as  an asset.

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3 years ago
When a large marketing company contracts with a payroll service company to process employee checks for them, they are _____.?
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4 0
3 years ago
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Knowledge Check 01 Coolidge Company owes $1,000 for merchandise inventory purchased from Ross Company during April. The amount o
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Answer:

Journal Entry is as follows;

June 15

<em>DR</em> Accounts Payable <u>$1,000</u>

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7 0
3 years ago
"the ___________ is the highest-ranking is manager, responsible for all ______ planning in the organization"
stira [4]
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3 years ago
Hunter's Hut is considering a project that will require additional inventory of $48,000 and will increase accounts payable by $2
slamgirl [31]

Answer:

the project cash flow is $92,880

Explanation:

The computation of the project cash flow for the change in net working capital in the year 1 is shown below:

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3 years ago
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